Jameson's Sports Shop, Inc., carries a line of titanium putters. Jameson's Sports Shop, Inc., uses the average cost method and a perpetual inventory system. The sales price of each putter is $185. Company records indicate the following activity for putters for the month of July: Date Item Quantity Unit Cost Jul 7 $ 92 11 $ 96 1 Balance 7 Purchase 11 Sale 19 Purchase 28 Sale 13 20 $ 101 9 Requirement 1. Prepare a perpetual inventory record for the putters on the average cost basis to determine the cost of ending inventory and cost of goods sold for the month. Round average cost per unit to the nearest cent and all other amounts to the nearest dollar. Start by entering the beginning inventory balances. Enter the transactions in chronological order, calculating new inventory on hand balances after each transaction. Once all of the transactions have been entered into the perpetual record, calculate the quantity and total cost of inventory purchased, sold, and on hand at the end of the period. (Round average cost per unit to the nearest cent and all other amounts to the nearest dollar.)